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Jamshedpur completes 100 years !

Mumbai, January 01, 2019

Exactly a 100 years ago (January 2, 1919), Lord Chelmsford , who served as Governor General and Viceroy of India (1916 - 1921) said “ I can hardly imagine what we should have done during these four years (of the First World war) if the Tata Company had not been able to gift us steel rails which have been provided for us , not only for Mesopotamia but for Egypt, Palestine and East Africa, and I have come to express my thanks…It is hard to imagine that 10 years ago, this place was scrub and jungle ; and here, we have now, this place set up with all its foundries and its workshops and its population of 40,000 to 50,000 people. This great enterprise has been due to the prescience, imagination of the late Mr Jamsetji Tata. This place will see a change in its name and will no longer be known as Sakchi, but will be identified with the name of its founder, bearing down through the ages the name of the late Mr Jamsetji Tata. Hereafter, this place will be known by the name of Jamshedpur.”

Today, a hundred years after Lord Chelmsford made his speech, Jamshedpur is synonymous with more than just steel. First-time visitors to Jamshedpur on business, or relatives and friends of residents, are pleasantly surprised when they arrive here, and discover a clean and green city with tree-lined roads, stadiums and parks, and orderly neighborhoods -- a legacy of the visionary founder, Jamsetji Nusserwanji Tata.

Residents know that their steel city has always had a deep cultural heart, and a great love for sports. Jamshedpur has always attracted luminaries from every field -- acclaimed singers, dance legends, theatre groups, artists and artists, who have come to perform here. The city is well-known among sports lovers; its golf tournaments draw enthusiasts from all over, it has hosted national and international cricket matches, and is an established national center for football and archery.

Today, as we look back over the last hundred years, we laud the thought process of Lord Chelmsford, in christening the hamlet of Sakchi as “Jamshedpur”, a name which has stood tall over the ages and continues to be an example of a truly cosmopolitan and vibrant India.

About Tata Steel
Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 27.5 million tonnes per annum (MTPA) as on March 31, 2018. It is one of the world's most geographically-diversified steel producers, with operations in 26 countries and a commercial presence in over 50 countries. The Group recorded a consolidated turnover of US $20.41 billion (INR 133,016 crore) in FY18. Tata Steel Group is spread across five continents with an employee base of over 65,000. Tata Steel retained Industry Leader position in FY18 and ranked second overall in the DJSI assessment, 2017. The Company has been recognised as the Climate Disclosure Leader in ‘Steel category’ by CDP (2017). Besides being a member of the World Steel Climate Action Programme, Tata Steel was felicitated with several awards including the Prime Minister’s Trophy for the best performing integrated steel plant for 2014-15 and 2015-16, Best Risk Management by CNBC TV18 (2018) and ‘Corporate Strategy Award’ by Mint (2018). The Company also received the ‘Most Ethical Company’ award from Ethisphere Institute for the sixth time (2018), Steel Sustainability Champions (2017) by the World Steel Association, Dun & Bradstreet Corporate Awards (2017 & 2018), Golden Peacock HR Excellence Award by Institute of Directors (2017) as well as 'Asia's Best Integrated Report' award by the Asia Sustainability Reporting Awards (2017), among several others.

Disclaimer
Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.